China has contrived a secretive payment mechanism to transact with Iran for oil, skillfully averting U.S. sanctions. By resorting to a clandestine route, the two U.S. adversaries deepen economic relations, sidestepping Washington's calls to isolate Tehran. Aninvisible conduit facilitates this charade of trade between the nations. Western officials divulge that Chinese firms, acting as Tehran's primary oil customer, partake in a shady barter system. In exchange for Iranian oil shipments, state-backed Chinese enterprises embark on infrastructure projects within Iran. This intricate deal is propped up by a Chinese state-owned insurer, dubbing itself the world's largest export-credit agency, and an enigmatic…
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